Andrew Hoffman Leases Retail Space To Juice Eternity Represented By Noam Aziz In Manhattan
LEASED
$186
New York
See Similar DealsRetail450 SF
Leased 11/07/2024
LEASED
Andrew Hoffman Leases Retail Space To Juice Eternity Represented By Noam Aziz In Manhattan
47 7th Avenue
See Similar DealsRetail450 SF
Leased 11/07/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$186
Total Square Footage:450 SF
Transaction Type:Lease
The asset involved in this lease transaction is a retail space located at 47 Seventh Avenue in the Manhattan market. The asking rent for the property is set at $210 per square foot, with a total area of 450 square feet. The lease type is a Modified Gross Lease.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: $210/ft
- Address: 47 Seventh Avenue
- Market: Manhattan
- Landlord: Andrew Hoffman
- Tenant: Juice Eternity & Harry Singh
- Tenant's Representative: Noam Aziz - Meridian Capital Group
- Square Footage: 450
- Lease Type: Modified Gross Lease
The key individuals involved in the transaction include Andrew Hoffman as the landlord and the tenant duo of Juice Eternity and Harry Singh. The representation for the tenant in this deal is provided by Noam Aziz from Meridian Capital Group.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$96,298.31
Total Lease Value
$962,983.06
Net Landlord Cash Flow$96,298.31
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